Chinese influence on the world stage is growing. That isn't a secret. Yes, there's all the talk of trade wars, rapid growth, expansion into other countries, and advances in military technology. But there's one aspect of the country's growing influence that has largely been overlooked until recently. You most likely heard about the story related to Daryl Morey, the general manager of the NBA's Ho...Read More
Nov 14, 2019 Guest(s): Ryan Giannotto Director of Research, GraniteShares ETFs The amount of gold to hold in a portfolio that optimizes an investor's risk/return profile is much higher than what most would hold, this according to Ryan Giannotto, director of research at GraniteShares. "We have found that the efficient level, the optimized level, was 35% gold. Not saying you should own 35% gold, t...Read More
The three-month aluminium price on the London Metal Exchange was lower at the close of trading on Thursday November 14, closing at its lowest level since late-October, while zinc's outright price similarly fell to its lowest level in just over a month.Aluminium's outright price on the LME closed at $1,742 per tonne on Thursday afternoon, its lowest closing price since October 28, although turnover...Read More
The fob Australia price for alumina has hovered around the $280 per tonne mark in relatively liquid trading over the week ended Thursday November 14.Fastmarkets calculated the benchmark daily alumina index, fob Australia, at $281.10 per tonne on Thursday, up from $279.72 per tonne on the previous day.Key drivers Market participants heard of several deals throughout the week, for a combined total o...Read More
The three-month aluminium price on the London Metal Exchange was little moved during morning trading on Thursday November 14, ignoring a fresh inflow of more than 78,000 tonnes into LME-registered Asian warehouses.Price action in the light metal was recently seen at $1,764 per tonne, just a dollar below Wednesday's closing price. Turnover was moderate, with just under 2,350 lots exchanged as of 9:...Read More
Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.This will ensure consistency of published values across all of Fastmarkets MB's delivery channels.Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarke...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday November 14 that are worth another look.China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu).Copper miners and smelters look set to agree the lowest annual benchmark for concentrate i...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below:Europe- Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V- Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5China- Ferro-vanadium 78% V min, fob China, $/kg V- Vanadium pentoxide 98% V2O5 m...Read More
"The decision we made in the first half of the year to increase investment in underground development work in order to access high-grade areas within the mine has proven very beneficial for us as weRead More
Henry has been BHP's president operations minerals Australia since 2016 and a member of the executive leadership team since 2011, having joining the miner in 2003 from roles in the resources industry in Canada, Japan and Australia with Mitsubishi Corporation. He had spent about half his career with BHP, with roles across the business, spanning operational, commercial, safety, technology and m...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Uniden (R) UV350 in-vehicle smartphone has integrated with the CrisisGo emergency alert and communication system.CrisisGo is the only incident management platform that coordinates alerts, messages and notifications through communication and IoT devices across and within...Read More
Mining equipment, technology and services (METS) equity success stories have been few and far between in the past decade - since some eye-watering moves pre-2009.Read More
This year, the report's key Investment Risk Index (IRI) expanded to cover 99 jurisdictions, providing ratings across five core areas of mining-related risk: Legal, Governance, Social, Fiscal and Infrastructure.Head of Aspermont research and intelligence Chris Cann said the relevance of robust risk management tools had increased since the publication of last year's report."Though we were without th...Read More
By: Ira EpsteinGold resistance in DEC-Gold around $1485-1488. Neutralize the bear case short-term with a move above $1,496:Read More
There will be short covering and renewed buying in gold and silver if they rise today and tomorrow. Better to wait and watch before going short. Crude oil if it rises till Monday will break past $60.00 and may be even form a lower base at $60.00. China is in a recession. There is severe jobs woes in China just like India. Chinese urban jobless rate continues to climb. Chinese service activity ex...Read More
Key data from the Wednesday November 13 pricing sessions in Shanghai and London. Key drivers China's cobalt sulfate price dropped by 6% from last Friday when weak demand forced suppliers to cut offers to encourage sales and facilitate cashflow in the run-up to year-end.The cobalt tetroxide price is under...Read More
While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year's conference. An overall bearish mood has prevailed in most of the ferro-alloys and related markets for most of the year amid oversupply and weakening demand. Some prices are now trading at multi-year lows in...Read More
Turkish steel producers have continued to book scrap shipments for December deliveries at prices remaining largely stable, sources said on Thursday November 14.A steel mill in the Marmara region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $260 per tonne, 12,000 tonnes of shredded at $265 per tonne and 3,000 tonnes of plate and structural scrap (P&S) at $270 per tonne cfr late...Read More
Fastmarkets MB will from next month display in the Price Book calculated price midpoints and averages that are rounded to two decimal places.This will ensure consistency of published values across all of Fastmarkets MB's delivery channels.Where Fastmarkets MB publishes prices as a low-high range, users have the option to view the calculated midpoint of that range. From Monday December 9, Fastmarke...Read More
China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu)."China continues to maintain its course of expanding the usage of ferrous scrap in steelmaking, as part of its aim to reduce pollution. Using ferrous scrap can reduce 1.6 tonnes of carbon emissions for...Read More